Overview
Investment fund supporting blockchain startups.
Founded
2021
Deals · 12mo
2
Stage focus
Geographic focus
Sector focus
Investment portfolio
| NAME | DATE | SIZE | |
|---|---|---|---|
PerpTools | Sep 2026Participated | $5 MSeed | |
KapKap | Oct 2025Participated | $10 MSeed | |
Stashh | Jun 2024Participated | $3 MOther Equity | |
Fortunafi | May 2024Participated | $10 MSeed | |
Smart Transactions | May 2024Participated | $6 MSeed | |
Uncharted | Apr 2024Led | $2 MSeed | |
Shiba Inu Coin | Apr 2024Participated | $12 MOther Equity | |
Elixir Games | Mar 2024Participated | $14 MSeed | |
Utila | Mar 2024Participated | $12 MSeed | |
Great Big Beautiful Tomorrow | Feb 2024Led | $3 MSeed | |
Infrared | Jan 2024Participated | $3 MSeed | |
bitsCrunch | Jan 2024Participated | $2 MOther Equity | |
PerpTools | Sep 2026Participated | $5 MSeed | |
KapKap | Oct 2025Participated | $10 MSeed | |
Stashh | Jun 2024Participated | $3 MOther Equity | |
Fortunafi | May 2024Participated | $10 MSeed | |
Smart Transactions | May 2024Participated | $6 MSeed | |
Uncharted | Apr 2024Led | $2 MSeed | |
Shiba Inu Coin | Apr 2024Participated | $12 MOther Equity | |
Elixir Games | Mar 2024Participated | $14 MSeed | |
Utila | Mar 2024Participated | $12 MSeed | |
Great Big Beautiful Tomorrow | Feb 2024Led | $3 MSeed | |
Infrared | Jan 2024Participated | $3 MSeed | |
bitsCrunch | Jan 2024Participated | $2 MOther Equity |
Insights
Time horizon
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Deal Distribution
| Round type | Led deals | Participated deals |
|---|---|---|
| Seed | 17 | 35 |
| Series A | 0 | 3 |
| Other Equity | 6 | 26 |
| ICO | 0 | 1 |
Monthly Deal Activity
| Month | Deals |
|---|---|
| Apr '21 | 1 |
| May '21 | 0 |
| Jun '21 | 1 |
| Jul '21 | 0 |
| Aug '21 | 3 |
| Sep '21 | 4 |
| Oct '21 | 2 |
| Nov '21 | 3 |
| Dec '21 | 5 |
| Jan '22 | 3 |
| Feb '22 | 3 |
| Mar '22 | 5 |
| Apr '22 | 3 |
| May '22 | 7 |
| Jun '22 | 2 |
| Jul '22 | 2 |
| Aug '22 | 1 |
| Sep '22 | 2 |
| Oct '22 | 0 |
| Nov '22 | 2 |
| Dec '22 | 1 |
| Jan '23 | 4 |
| Feb '23 | 4 |
| Mar '23 | 1 |
| Apr '23 | 1 |
| May '23 | 1 |
| Jun '23 | 3 |
| Jul '23 | 2 |
| Aug '23 | 0 |
| Sep '23 | 4 |
| Oct '23 | 0 |
| Nov '23 | 4 |
| Dec '23 | 0 |
| Jan '24 | 4 |
| Feb '24 | 1 |
| Mar '24 | 2 |
| Apr '24 | 2 |
| May '24 | 2 |
| Jun '24 | 1 |
| Jul '24 | 0 |
| Aug '24 | 0 |
| Sep '24 | 0 |
| Oct '24 | 0 |
| Nov '24 | 0 |
| Dec '24 | 0 |
| Jan '25 | 0 |
| Feb '25 | 0 |
| Mar '25 | 0 |
| Apr '25 | 0 |
| May '25 | 0 |
| Jun '25 | 0 |
| Jul '25 | 0 |
| Aug '25 | 0 |
| Sep '25 | 0 |
| Oct '25 | 1 |
| Nov '25 | 0 |
| Dec '25 | 0 |
| Jan '26 | 0 |
| Feb '26 | 0 |
| Mar '26 | 0 |
| Apr '26 | 0 |
| May '26 | 0 |
| Jun '26 | 0 |
| Jul '26 | 0 |
| Aug '26 | 0 |
| Sep '26 | 1 |
| Oct '26 | 0 |
Sector Breakdown
A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.
| Sector | Deals |
|---|---|
| Crypto & Blockchain | 64 |
| Fintech | 28 |
| Gaming & eSports | 26 |
| Enterprise Software | 10 |
| Media & Entertainment | 10 |
| Data, Analytics & IT | 7 |
| E-Commerce & Retail | 6 |
| Social & Community Platforms | 6 |
| AR/VR | 5 |
| Networks, Cloud & Communication | 5 |
| Hardware & Robotics | 4 |
| AI & Machine Learning | 4 |
| Travel & Hospitality | 2 |
| Cybersecurity & Privacy | 2 |
| Consumer & Lifestyle | 2 |
| Marketing & Advertising | 2 |
| Professional Services | 2 |
| Education & Workforce | 1 |
| Government & Defense | 1 |
| Clean Energy & Sustainability | 1 |
| Real Estate & Construction | 1 |
| Manufacturing | 1 |
| Health & Life Sciences | 1 |
| Developer Tools | 1 |
Deal Size Distribution
Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.
| Round size band (USD) | Deals |
|---|---|
| <$5M | 44 |
| $5M-$10M | 30 |
| $10M-$25M | 13 |
| $25M-$50M | 1 |
| $50M-$100M | 0 |
| $100M-$250M | 0 |
| $250M-$500M | 0 |
| $500M-$1B | 0 |
| $1B+ | 0 |
Deals By Geography
Top 10 of 17 regions; European countries are grouped as Europe.
| Region | Deals |
|---|---|
| United States | 39 |
| Europe | 19 |
| Singapore | 10 |
| Canada | 5 |
| Hong Kong | 3 |
| 90404 | 1 |
| 19703 | 1 |
| India | 1 |
| China | 1 |
| Vietnam | 1 |
Co-Investors
Bubble size = shared deals
Click a bubble to open that fund in a new tab.
Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.
| Co-investor | Shared deals |
|---|---|
| Animoca Brands | 15 |
| Big Brain Holdings | 10 |
| Genblock Capital | 9 |
| AU21 Capital | 8 |
| LD Capital | 8 |
| Coinbase Ventures | 7 |
| Polygon | 7 |
| X21 Digital | 7 |
| 6th Man Ventures | 6 |
| GBV Capital | 6 |
| HTX Ventures | 6 |
| Mechanism Capital | 6 |
| Morningstar Ventures | 6 |
| Sfermion | 6 |
| Hashed | 5 |
| NGC Ventures | 5 |
| Spark Digital Capital | 5 |
| ZBS Capital | 5 |
| Collab+Currency | 4 |
| GSR | 4 |
Investment Strategy
| Category | Deals (count) | Share (%) |
|---|---|---|
| Led | 23 | 26% |
| Participating | 65 | 74% |
| Category | Deals (count) | Share (%) |
|---|---|---|
| Single-lead | 10 | 43% |
| Co-led | 13 | 57% |
Team
General Partner